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20120930
20121008
Search Results 0 to 3 of about 4 (some duplicates have been removed)
city government right now. over each of the years i have served, we have had to balance budget deficits that were around $500 million. this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time budgeting tricks that allow us to balance the budget that do not exist this year. in past years, we've received federal stimulus money. we received more monies from the state government. last year our labor unions decided to contribute a quarter of a billion dollars to help balance last year's and this year's budget. those are things we do not have the ability to avail ourselves of us we balance the upcoming budget in a few months. we are faced with far fewer options. i think we are going to have to continue to look at very deep and difficult cuts. our priorities have to be insuring and protecting the most basic city services and helping to ensure that we have services to the most vulnerable during this great recession. >> what about the city's housing needs? what should the board due to address those needs? >>
was deferred, we are looking to using prop a money to supplement what's going into the payoff deficit now instead of going to furlough days. now, the city rainy day fun i think you need to appreciate one of the factors about city rainy day fund. two ways you get rainy day fund moved over from the city to the school district. that is if there's a substantial cut in the per-pupil allocation from the state such as anticipated if the initiatives do not pass in the fall. or if there's a significant number of layoffs. at this point having not had that cut previously, we have had the school district have to budget for layoffs. they budget to get the rainy day money, which means they have to budget for layoffs every year. even ghoting rainy though getting rainy day funds means they rescind layoffs. that means a total destabilization of schools as teachers receive warning notices in march, termination in may and gradually brought back into the school district. any money the city can find to move to the school district should be used to eliminate the possibility of furlough days and work for the ch
, to the projects that we had talked about, we had just closed out a $385 million deficit. we had introduced pension reform as we talked about it at that time to get the city in better economic gear. we had also chosen a new police chief by a year-ago and excited to see what that was. and then supervisor kim and i and david chiu had been fresh off of helping the company called twitter sustain the city and i want to thank supervisor kim, who is here today and we're working closely together to make sure we're doing it right. that all of the impacts that we can generate positively, not only on central market, but throughout her district and throughout the city. i also want to acknowledge other people that are working really hard, because my feeling in a year-ago was that after all of those things that we did, and the work that we had done that first year, rest was my major focus. and after i met with you last year, rest was not on the agenda. absolutely not. in fact, we had gone right to work because there were so many of you who had also felt that the city could turnaround. you have given me and our
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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